Actively manage your risk and exposure
Manage your price risk on the wholesale electricity market through Financial Transmission Rights.
09 Jun
19.88
10 Jun
21.19
11 Jun
18.99
12 Jun
18.24
13 Jun
16.06
14 Jun
15.08
15 Jun
15.14
16 Jun
19.41
17 Jun
17.13
18 Jun
17.13
19 Jun
16.26
20 Jun
16.52
21 Jun
15.30
22 Jun
14.88
09 Jun
18.44
10 Jun
18.53
11 Jun
18.47
12 Jun
18.41
13 Jun
18.20
14 Jun
18.08
15 Jun
17.95
16 Jun
18.00
17 Jun
17.96
18 Jun
17.87
19 Jun
17.72
20 Jun
17.63
21 Jun
17.47
22 Jun
17.24
09 Jun
20.17
10 Jun
20.19
11 Jun
20.18
12 Jun
20.18
13 Jun
20.11
14 Jun
20.11
15 Jun
20.04
16 Jun
20.02
17 Jun
19.96
18 Jun
19.93
19 Jun
19.85
20 Jun
19.79
21 Jun
19.72
22 Jun
19.60
09 Jun
11,665
10 Jun
13,235
11 Jun
19,900
12 Jun
9,800
13 Jun
19,285
14 Jun
6,320
15 Jun
13,100
16 Jun
9,200
17 Jun
18,500
18 Jun
20,500
19 Jun
24,325
20 Jun
20,245
21 Jun
19,160
22 Jun
29,260
12 Oct
123.33
13 Oct
123.32
14 Oct
123.28
15 Oct
123.27
16 Oct
123.28
17 Oct
123.29
18 Oct
123.26
19 Oct
123.32
20 Oct
123.30
21 Oct
123.29
22 Oct
123.30
23 Oct
123.29
24 Oct
123.30
25 Oct
123.29
Jul 25
1.01
Aug 25
1.19
Sep 25
2.71
Oct 25
0.80
Nov 25
0.90
Dec 25
0.76
Jan 26
0.71
Feb 26
2.55
Mar 26
1.68
Apr 26
1.27
May 26
1.61
Jun 26
1.17
Jul 26
1.18
Aug 26
1.31
Jul 25
4.33
Aug 25
5.45
Sep 25
8.52
Oct 25
6.60
Nov 25
4.83
Dec 25
4.00
Jan 26
4.86
Feb 26
28.72
Mar 26
12.71
Apr 26
16.93
May 26
14.54
Jun 26
11.37
Jul 26
10.88
Aug 26
11.29
09 Jun
172.83
10 Jun
161.03
11 Jun
127.67
12 Jun
128.63
13 Jun
135.42
14 Jun
80.36
15 Jun
156.75
16 Jun
146.21
17 Jun
156.43
18 Jun
184.47
19 Jun
145.22
20 Jun
112.38
21 Jun
122.02
22 Jun
145.59
09 Jun
182.47
10 Jun
173.26
11 Jun
132.74
12 Jun
134.26
13 Jun
138.43
14 Jun
80.55
15 Jun
155.55
16 Jun
155.99
17 Jun
167.05
18 Jun
193.20
19 Jun
154.25
20 Jun
113.56
21 Jun
120.34
22 Jun
144.01
09 Jun
168.37
10 Jun
158.00
11 Jun
131.41
12 Jun
127.21
13 Jun
134.48
14 Jun
83.46
15 Jun
158.07
16 Jun
144.93
17 Jun
152.26
18 Jun
179.69
19 Jun
146.19
20 Jun
116.41
21 Jun
124.38
22 Jun
148.97
09 Jun
250.4
10 Jun
253.6
11 Jun
237.3
12 Jun
235.1
13 Jun
231.3
14 Jun
215.2
15 Jun
226.2
16 Jun
249.2
17 Jun
251.8
18 Jun
256.8
19 Jun
246.9
20 Jun
214.5
21 Jun
216.4
22 Jun
225.3
10 Jun
1426
11 Jun
300
12 Jun
1100
13 Jun
2071
14 Jun
0
15 Jun
0
16 Jun
1000
17 Jun
1000
18 Jun
3861
19 Jun
294
20 Jun
0
21 Jun
0
22 Jun
0
23 Jun
0
09 Jun
0.00
10 Jun
0.00
11 Jun
0.00
12 Jun
0.00
13 Jun
0.00
14 Jun
0.00
15 Jun
0.00
16 Jun
0.00
17 Jun
0.00
18 Jun
0.00
19 Jun
0.00
20 Jun
0.00
21 Jun
0.00
22 Jun
0.00
09 Jun
53.99
10 Jun
54.01
11 Jun
54.05
12 Jun
54.46
13 Jun
54.72
14 Jun
54.90
15 Jun
54.90
16 Jun
54.98
17 Jun
55.12
18 Jun
55.16
19 Jun
55.82
20 Jun
55.82
21 Jun
55.82
22 Jun
55.82
09 Jun
55.90
10 Jun
55.61
11 Jun
55.61
12 Jun
55.63
13 Jun
55.52
14 Jun
55.52
15 Jun
55.52
16 Jun
55.26
17 Jun
55.16
18 Jun
55.00
19 Jun
54.73
20 Jun
54.73
21 Jun
54.73
22 Jun
54.73
10 Jun
114.45
11 Jun
74.79
12 Jun
71.02
13 Jun
73.00
14 Jun
73.08
15 Jun
84.98
16 Jun
89.86
17 Jun
106.18
18 Jun
120.16
19 Jun
91.13
20 Jun
64.18
21 Jun
65.53
22 Jun
66.07
23 Jun
74.72
10 Jun
83.48
11 Jun
87.75
12 Jun
88.55
13 Jun
87.33
14 Jun
87.63
15 Jun
85.46
16 Jun
84.95
17 Jun
82.52
18 Jun
81.39
19 Jun
84.88
20 Jun
88.09
21 Jun
88.77
22 Jun
88.35
23 Jun
87.53
Latest Results
Log in to view all resultsHAY ➔ BEN (OPT)
| 2025 Jul | 2025 Aug | 2025 Sep | 2026 Jan | 2026 Feb | 2026 Mar |
| $1.01 | $1.19 | $2.71 | $0.71 | $2.55 | $1.68 |
BEN ➔ HAY (OPT)
| 2025 Jul | 2025 Aug | 2025 Sep | 2026 Jan | 2026 Feb | 2026 Mar |
| $4.33 | $5.45 | $8.52 | $4.86 | $28.72 | $12.71 |
Total bids awarded
Latest Auction Stats
Select unit
Last updated 11 a.m. 19 Jun 2025
July: Primary
Wed, 9, July 2025
12p.m. - 4:30PM
July: Primary
Wed, 9, July 2025
12PM - 4:30PM
- Aug 2026
- Sep 2026
- Oct 2026
- Jul 2027
- Aug 2027
- Sep 2027
July: Variation
Wed, 16, July 2025
12p.m. - 4:30PM
July: Variation
Wed, 16, July 2025
12PM - 4:30PM
- Aug 2025
- Sep 2025
- Oct 2025
- Feb 2026
- Mar 2026
- Apr 2026
Auction Results available 4pm the following day
Last updated 11 a.m. 19 Jun 2025
The FTR market commenced in 2013, following significant industry consultation and development of Code requirements.
Energy Market Services was appointed by the Electricity Authority as the FTR Manager Service Provider to implement the FTR auction system and operate the market.
BENEFITS FOR YOUR BUSINESS:
- manage locational price risk in a nodal market
- manage your future risk out to 26 months
- manage locational price risk associated with traditional hedge products
- underwrite or support other risk management products
- a portfolio of FTRs can offset NZX prudential requirements
- expand your retail business to new geographic areas
- participation is free
- monthly auctions